Veolia Water America President Mike Stark Retires
03/14/06 • Water
Additionally, Veolia Water America President Mike Stark, who oversaw all activities for Veolia Water North America as president of the holding company, has officially announced his retirement. Stark leaves as one of the original founders of the U. S. water and wastewater services industry. During his eight-year tenure at the company, Stark created, managed and grew several successful water services businesses and helped lead the company to its current leadership role in the industry. He also was instrumental in establishing the Water Partnership Council, the water industry's advocate for public-private partnerships. Now, as non-executive director of Veolia Water America, he will focus on industry initiatives and special assignments.
Burgess joined the company in 2002 as the vice president and general manager for the northeast business center and was promoted to head the operating services business in 2003. Having joined Veolia Water North America with significant experience in the waste-to-energy industry and from a competing water treatment company where he served as executive vice president for systems operations, Burgess offers Veolia Water a strong background in strategic planning, operations management and customer service. As one of the founding members of the Water Partnership Council, he is committed to helping communities and companies meet their water and wastewater needs in the safest, most environmentally sound and cost-effective manner.
"Veolia Water's business platform is stronger than ever," says Burgess. "Our plans and strategies are intelligent and focused, and I'm proud to have the opportunity to lead Veolia Water North America to even greater heights."
Philippe Laval has been named the company's new chief operating officer and will be responsible for all operating businesses, technical services, environmental, health and safety, and business development functions. Laval brings more than 18 years of experience to Veolia Water North America. He came to the United States from Australia last year, having served as the managing director of United Water International, a Veolia Water venture, which provides water and wastewater services to 1.6 million customers in Australia and New Zealand.
Veolia Water North America is the leading provider of comprehensive water and wastewater services to municipal and industrial customers, providing services to more than 15 million people in approximately 600 communities. The company is part of Veolia Water, the No. 1 water company in the world, serving more than 110 million customers. Veolia Water is the water division of Veolia Environnement (NYSE:VE and Paris Bourse: VIE), the largest environmental services company in the world, with more than 252,000 employees in more than 80 countries and annual revenues of more than $33.6 billion. Visit the North American Web site at www.veoliawaterna.com
and the global web site at www.veoliawater.com
Veolia Environnement is a corporation listed on the NYSE and Euronext Paris. This press release contains "forward-looking statements" within the meaning of the provisions of the U. S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are outside our control, including but not limited to: the risk of suffering reduced profits or losses as a result of intense competition, the risk that changes in energy prices and taxes may reduce Veolia Environnement's profits, the risk that governmental authorities could terminate or modify some of Veolia Environnement's contracts, the risk that Veolia Environnement's compliance with environmental laws may become more costly in the future, the risk that currency exchange rate fluctuations may negatively affect Veolia Environnement's financial results and the price of its shares, the risk that Veolia Environnement may incur environmental liability in connection with its past, present and future operations, and the risks related to Veolia Environnement's relationship with Vivendi Universal, as well as the risks described in the documents Veolia Environnement has filed with the U. S. Securities and Exchange Commission. Veolia Environnement does not undertake, nor does it have, any obligation to provide updates or to revise any forward-looking statements. Investors and security holders may obtain a free copy of documents filed by Veolia Environnement with the U. S. Securities and Exchange Commission from Veolia Environnement.